The entire forest π³ for now. Please π tell me where Iβm wrong π
π³ FOLLOW THE SATS
Everything I have mapped so far.
LEGEND
π© verified money / relationship
π¦ project / output
πͺ repeat funding / renewal / LTS
π§ concentration / structure
β¬ unknown / incomplete
π΄ governance question, NOT proof of wrongdoing
ROOT
β
βββ JACK DORSEY / #startsmall
β
β βββ π© OpenSats
β β β
β β βββ $31M total #startsmall support tracked
β β β
β β βββ $10M explicitly earmarked for Nostr
β β β βββ $5M β 2023 Nostr Fund
β β β βββ $5M β 2024 Nostr Fund
β β β
β β βββ ~$8.9M Nostr allocated by end-2024
β β βββ $3,205,776 Nostr payouts in 2025
β β βββ $1,430,816 payouts H1 2026
β β βββ $801,317 payable June 2026
β β
β β
β β βββ π¦ SOAPBOX FAMILY
β β β βββ Alex Gleason
β β β βββ 867,230,507 visible sats
β β β βββ 8.67230507 BTC
β β β βββ OpenSats
β β β βββ AOS
β β β βββ fiatjaf support
β β β βββ HRF relationship partially reconciled
β β β βββ πͺ LTS
β β β βββ Nostr got:
β β β βββ Soapbox
β β β βββ Ditto
β β β βββ Mostr
β β β βββ Nostrify
β β β βββ Shakespeare
β β β
β β βββ π¦ NDK
β β β βββ PabloF7z
β β β βββ 734,463,998 sats
β β β βββ 7.34463998 BTC
β β β βββ OpenSats
β β β βββ πͺ LTS
β β β βββ Nostr got:
β β β βββ NDK
β β β βββ nsecBunker
β β β βββ Highlighter
β β β βββ reusable TypeScript infrastructure
β β β
β β βββ π¦ DAMUS FAMILY
β β β βββ William Casarin / jb55
β β β βββ 696,343,560 sats
β β β βββ 6.96343560 BTC
β β β βββ OpenSats
β β β βββ HRF β $50,000
β β β βββ πͺ LTS
β β β βββ πͺ later renewals
β β β βββ Nostr got:
β β β βββ Damus
β β β βββ Notedeck
β β β βββ NostrDB
β β β βββ NWC
β β β βββ messaging work
β β β
β β βββ π¦ CORACLE FAMILY
β β β βββ Hodlbod
β β β βββ 573,101,947 sats
β β β βββ 5.73101947 BTC
β β β βββ OpenSats β $187,500 entity support
β β β βββ HRF β $50,000
β β β βββ AOS-related support
β β β βββ πͺ LTS
β β β βββ Nostr got:
β β β βββ Coracle
β β β βββ Flotilla
β β β βββ Welshman
β β β βββ relay/client infrastructure
β β β
β β βββ π¦ ngit / git collaboration
β β β βββ 536,124,313 sats
β β β βββ 5.36124313 BTC
β β β βββ β¬ exact human attribution still incomplete
β β β
β β βββ π¦ 0xchat
β β β βββ 361,740,436 sats
β β β βββ 3.61740436 BTC
β β β βββ multiple funding events
β β β βββ πͺ renewal
β β β βββ Nostr got secure messaging
β β β
β β βββ π¦ AMETHYST / QUARTZ
β β β βββ Vitor Pamplona
β β β βββ 292,461,090 sats
β β β βββ 2.92461090 BTC
β β β βββ OpenSats
β β β βββ fiatjaf fund β 5,000,000 sats
β β β βββ HRF bounty
β β β βββ πͺ LTS
β β β βββ Nostr got:
β β β βββ Amethyst
β β β βββ Quartz reusable Kotlin library
β β β
β β βββ π¦ APPLESAUCE FAMILY
β β β βββ hzrd149
β β β βββ 230,164,585 sats
β β β βββ 2.30164585 BTC
β β β βββ OpenSats
β β β βββ earlier fiatjaf support
β β β βββ πͺ LTS
β β β βββ Nostr got:
β β β βββ Applesauce
β β β βββ Blossom
β β β βββ noStrudel
β β β βββ nsite
β β β
β β βββ π¦ MOSTRO
β β β βββ 201,966,510 sats
β β β βββ 2.01966510 BTC
β β β βββ OpenSats
β β β βββ HRF
β β β βββ Btrust contributor support
β β β βββ Nostr got P2P Bitcoin marketplace/protocol tooling
β β β
β β βββ π¦ FROSTR
β β β βββ 122,738,299 sats
β β β βββ 1.22738299 BTC
β β β βββ Nostr got key/signing infrastructure
β β β
β β βββ π¦ ZAPSTORE
β β β βββ 90,912,247 sats
β β β βββ 0.90912247 BTC
β β β βββ πͺ later renewal
β β β βββ Nostr got app distribution + signed releases
β β β
β β βββ π¦ AMBER
β β β βββ Greenart7c3
β β β βββ 75,283,890 sats
β β β βββ 0.75283890 BTC
β β β βββ πͺ LTS
β β β βββ signing / key isolation
β β β
β β βββ π¦ CONTEXTVM
β β β βββ 63,547,798 sats
β β β βββ 0.63547798 BTC
β β β βββ AI / MCP / SDK / relay infrastructure
β β β
β β βββ π¦ JUMBLE
β β β βββ 60,982,479 sats
β β β βββ 0.60982479 BTC
β β β βββ πͺ later renewal
β β β βββ browser client / relay discovery
β β β
β β βββ π¦ CITRINE
β β βββ Greenart7c3
β β βββ 3,873,203 sats
β β βββ 0.03873203 BTC
β β βββ local relay / signing infrastructure
β β
β β
β βββ πͺ NOSTR LONG-TERM SUPPORT
β β
β β βββ PabloF7z
β β βββ Stuart Bowman
β β βββ hzrd149
β β βββ William Casarin
β β βββ Yuki Kishimoto
β β βββ Hodlbod
β β βββ fiatjaf
β β βββ Kieran Harkin
β β βββ Vitor Pamplona
β β βββ Daniele
β β βββ Alex Gleason
β β βββ Mike Dilger
β β βββ Greenart7c3
β β βββ SnowCait
β β
β β βββ 2025:
β β ~35% of Nostr Fund allocation β LTS
β β
β β
β βββ π¦ OTHER OFFICIAL OPENSATS NOSTR GRANTS
β
β βββ Habla
β βββ Iris
β βββ rust-nostr / nostr-sdk
β βββ Nostr Relay NestJS
β βββ Satellite
β βββ Pinstr
β βββ nostr.build
β βββ Gossip
β βββ Nostr SDK iOS
β βββ Nostr Design
β βββ Amber
β βββ Nozzle
β βββ Blowater
β βββ Nostur
β βββ Nostrocket
β βββ Snort
β βββ zap.stream
β βββ algia
β βββ nostr.watch
β βββ Relay Tools
β βββ ONOSENDAI
β βββ Lume
β βββ Flockstr
β βββ Camelus
β βββ noStrudel
β βββ ZapThreads
β βββ NIP-44 audit
β βββ NIP-90 DVM framework
β βββ nosvelte
β βββ npub.cash
β βββ nostter
β βββ nostr-filter-relay
β βββ Mostro
β βββ Citrine
β βββ DVMDash
β βββ nostr-php
β βββ Shopstr
β βββ Nostromo
β βββ Captainβs Log
β βββ Osty
β βββ Seer
β βββ Alphaama
β βββ Corny Chat
β βββ Nostroots
β βββ Yana
β βββ Dart NDK
β βββ Jester
β βββ Nostr Spring Boot Starter
β βββ Nostr Arduino
β βββ White Noise
β βββ futr
β βββ Notedeck
β βββ Keystache
β βββ Formstr
β βββ Groups
β βββ Coop
β βββ Nostrability
β βββ NIP-44 Libraries Audit
β βββ AlgoRelay
β βββ Pokey
β βββ Nostr Safebox
β βββ Persian NIPs
β βββ LumiLumi
β βββ Chachi
β βββ Zapstore
β βββ HyperNote
β βββ Nostr Epoxy
β βββ Swae
β βββ HAMSTR
β βββ Vertex
β βββ Nostr Double Ratchet
β βββ Nostr Game Engine
β βββ Frostr
β βββ Aegis
β βββ Gitplaza
β βββ Jumble
β βββ Atomic Signature Swaps
β βββ ZapTracker
β βββ Keydex
β βββ Bigbrotr
β βββ Grasp
β βββ Quartz
β βββ ContextVM
β βββ Nostube
β βββ TollGate
β βββ Amethyst Desktop
β βββ Nostr Mail
β βββ Nostrord
β βββ Nurunuru
β βββ 44Billion
β βββ NosCall
β βββ Routstr
β βββ Wisp
β
β
βββ π© JACK DORSEY β FIATJAF FUND
β β
β βββ 14.17171699 BTC
β
β βββ Vitor Pamplona / Amethyst
β β βββ 5,000,000 sats
β β
β βββ Martti Malmi / Iris
β β βββ 5,000,000 sats
β β
β βββ William Casarin
β βββ 7 BTC redistribution role
β
β β οΈ administered / redistributed capital
β β personal compensation
β
β
βββ π© AOS / AND OTHER STUFF
β β
β βββ ~ $10M upstream #startsmall contribution
β β
β βββ White Noise
β β βββ Internet Privacy Foundation
β β βββ $100,000 visible payment
β β βββ encrypted group messaging / MLS / Marmot
β β
β βββ Verse Communications
β β βββ ~$400,000 visible 2026 slice
β β
β βββ security audit work
β β βββ ~$91,333 visible
β β
β βββ Soapbox family
β βββ Coracle-related work
β βββ other Nostr / open-social development
β
β
βββ π© teamopen.tech
β β
β βββ $5M upstream pool
β βββ substantial Nostr/open-social overlap
β βββ β οΈ entire pool is NOT Nostr-specific
β
β
βββ π© HUMAN RIGHTS FOUNDATION
β β
β βββ William Casarin / Damus
β β βββ $50,000
β β
β βββ Hodlbod / Coracle
β β βββ $50,000
β β
β βββ Vitor Pamplona / Amethyst
β βββ White Noise / Jeff Gardner
β βββ Soapbox / Alex Gleason
β βββ Iris / Martti Malmi
β βββ Snort / zap.stream / Kieran Harkin
β βββ Mostro
β βββ 0xchat
β
β
βββ π© BTRUST
β βββ Mostro contributor support
β βββ β¬ amount not public in current evidence
β
β
βββ π© OPEN SOURCE JUSTICE FOUNDATION
β βββ Fundsolvr / Keystache
β βββ β¬ amount not public in current evidence
β
β
βββ π© PRIVATE / EQUITY CAPITAL
β β
β βββ TEN31 / Hivemind / others
β β βββ Primal
β β βββ $1M seed
β β
β βββ Angor participants
β βββ Nostria
β βββ $30,000 pre-seed
β
β
βββ β¬ COMMUNITY / USERS
βββ zaps
βββ direct donations
βββ crowdfunding
βββ ecosystem-wide total unknown
π± WHAT NOSTR GOT
βββ clients
βββ mobile apps
βββ desktop apps
βββ relays
βββ SDKs
βββ libraries
βββ signing infrastructure
βββ key-management tools
βββ local relays
βββ messaging
βββ encrypted group messaging
βββ audio/video calls
βββ long-form publishing
βββ commerce
βββ marketplaces
βββ P2P Bitcoin trading
βββ Lightning integrations
βββ Cashu integrations
βββ app stores
βββ signed software distribution
βββ video infrastructure
βββ media hosting
βββ AI / MCP infrastructure
βββ email compatibility
βββ group/community software
βββ IoT work
βββ relay monitoring
βββ security audits
βββ NIP audits
βββ protocol implementations
βββ DVM infrastructure
βββ design / UX
βββ localization
βββ education
βββ maintenance
βββ long-term developer support
πΏ SHARED TECHNICAL ROOTS
PabloF7z
βββ NDK
βββ downstream web clients / tools
Vitor Pamplona
βββ Quartz
βββ Amethyst + downstream Kotlin tooling
Hodlbod
βββ Welshman
βββ Coracle / successor apps
William Casarin / team
βββ NostrDB
βββ Damus / Notedeck family
hzrd149
βββ Applesauce
βββ noStrudel / Blossom / other tooling
Yuki Kishimoto / rust-nostr team
βββ rust-nostr / nostr-sdk
βββ reusable Rust/Nostr infrastructure
πͺ REPEAT-FUNDING LAYER
Documented repeat / multi-funder families include:
βββ Damus / William
βββ Coracle / Hodlbod
βββ Soapbox / Alex
βββ Amethyst / Vitor
βββ Iris / Martti
βββ White Noise / Jeff
βββ Snort / zap.stream / Kieran
βββ Mostro
βββ 0xchat
βββ others through renewals / LTS
Later official waves include renewals for projects including:
βββ futr
βββ Notedeck
βββ npub.cash
βββ Camelus
βββ Damus
βββ Nostromo
βββ Nostroots
βββ Jumble
βββ Nostr Safebox
βββ Coop
βββ 0xchat
βββ Dart NDK
βββ nostr-relay
βββ HAMSTR
βββ Zapstore
π§ PUBLIC-COUNTER SAMPLE
15 projects
4,910,934,862 sats
= 49.10934862 BTC
Top 5:
34.07 BTC
= 69.4%
Top 10:
46.16 BTC
= 94%
Bottom 5:
2.95 BTC
= 6%
π§ UPSTREAM CONCENTRATION WE ALSO TRACKED
OpenSats 2024:
largest donor share:
~89%
top 3 donors:
~97.5%
minimum HHI:
7,954
OpenSats 2025:
largest donor share:
~63.3%
top 3:
~83.9%
minimum HHI:
4,232
π΄ GOVERNANCE / STRUCTURE QUESTIONS
Not accusations.
Questions.
Who funds whom repeatedly?
Who becomes LTS?
Who reviews grants?
Who approves grants?
Who is both recipient + infrastructure maintainer?
Who authors standards?
Who controls default relays?
Which apps rely on the same SDKs?
Which projects survive?
Which projects merge or die?
How replaceable are shared technical roots?
How many different project names map back to the same humans?
β¬ THINGS WE STILL DO NOT KNOW PERFECTLY
βββ every unique human recipient
βββ every recipient-level payment date
βββ every private donor
βββ every zap / community payment
βββ exact personal compensation
βββ exact amounts for many LTS awards
βββ full ecosystem human-level HHI
βββ complete technical dependency HHI
βββ full hosting concentration
βββ every grant transaction ID
RULES OF THE AUDIT
Funding β control.
Project funding β personal income.
Project count β unique human count.
Concentration β corruption.
Unknown β zero.
Announcement β allocation.
Allocation β payable.
Payable β paid.
Project counter β payment ledger.
Role overlap β wrongdoing.
THE QUESTION
Not:
βIs Nostr decentralized?β
Too easy.
The questions are:
Who funded it?
Who got funded?
Who got funded repeatedly?
What did they build?
Who depends on what they built?
Where did the money concentrate?
Where did the infrastructure concentrate?
And is that changing over time?
Follow the sats.
Follow the humans.
Follow the code.
Follow the dependencies.
π³
#FollowTheSats #Nostr #Bitcoin #BTC #btc
